NVCR vs. GLW
NVCR (NovoCure Limited) and GLW (Corning Incorporated) are both stocks. NVCR operates in Medical Instruments & Supplies (Healthcare), while GLW operates in Electronic Components (Technology). Over the past 10 years, NVCR returned 6.60%/yr vs 23.23%/yr for GLW. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
NVCR vs. GLW - Performance Comparison
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Returns By Period
In the year-to-date period, NVCR achieves a 14.77% return, which is significantly lower than GLW's 58.43% return. Over the past 10 years, NVCR has underperformed GLW with an annualized return of 6.60%, while GLW has yielded a comparatively higher 23.23% annualized return.
NVCR
- 1D
- -2.56%
- 1M
- -13.72%
- 6M
- 19.68%
- YTD
- 14.77%
- 1Y
- 31.10%
- 3Y*
- -23.11%
- 5Y*
- -37.37%
- 10Y*
- 6.60%
- ALL TIME*
- -2.79%
GLW
- 1D
- 2.24%
- 1M
- -29.75%
- 6M
- 34.35%
- YTD
- 58.43%
- 1Y
- 125.24%
- 3Y*
- 63.77%
- 5Y*
- 30.31%
- 10Y*
- 23.23%
- ALL TIME*
- 10.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.26B | $2.20B | $2.90B | |
NVCR NovoCure Limited | $41.20M | $32.54M | $29.69M |
NVCR vs. GLW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NVCR NovoCure Limited | 14.77% | -56.61% | 99.60% | -79.65% | -2.30% | -56.61% | 105.34% | 151.70% | 65.74% | 157.32% |
GLW Corning Incorporated | 58.43% | 87.76% | 60.64% | -1.23% | -11.56% | 5.92% | 27.57% | -1.02% | -3.28% | 34.63% |
Correlation
The correlation between NVCR and GLW is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2015 | 0.25 |
The correlation between NVCR and GLW shifts across timeframes, from 0.14 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NVCR:
$1.72B
GLW:
$118.98B
NVCR:
-$1.31
GLW:
$2.20
NVCR:
2.41
GLW:
7.04
NVCR:
5.09
GLW:
9.61
NVCR:
$699.19M
GLW:
$16.96B
NVCR:
$532.27M
GLW:
$6.16B
NVCR:
-$134.40M
GLW:
$3.51B
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Return for Risk
NVCR vs. GLW — Risk / Return Rank
NVCR
GLW
NVCR vs. GLW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NovoCure Limited (NVCR) and Corning Incorporated (GLW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NVCR | GLW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.31 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 2.36 | -1.49 |
| Martin ratioReturn relative to average drawdown | 1.96 | 9.32 | -7.37 |
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Drawdowns
NVCR vs. GLW - Drawdown Comparison
The maximum NVCR drawdown since its inception was -95.55%, roughly equal to the maximum GLW drawdown of -99.02%. Use the drawdown chart below to compare losses from any high point for NVCR and GLW.
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Drawdown Indicators
| NVCR | GLW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.55% | -99.02% | +3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -32.55% | -51.48% | +18.93% |
Max Drawdown (3Y)Largest decline over 3 years | -69.98% | -51.48% | -18.50% |
Max Drawdown (5Y)Largest decline over 5 years | -93.61% | -51.48% | -42.13% |
Max Drawdown (10Y)Largest decline over 10 years | -95.55% | -51.48% | -44.07% |
Current DrawdownCurrent decline from peak | -93.42% | -45.93% | -47.49% |
Average DrawdownAverage peak-to-trough decline | -52.73% | -50.43% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.47% | 13.03% | +1.44% |
Volatility
NVCR vs. GLW - Volatility Comparison
NovoCure Limited (NVCR) has a higher volatility of 32.88% compared to Corning Incorporated (GLW) at 25.22%. This indicates that NVCR's price experiences larger fluctuations and is considered to be riskier than GLW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVCR | GLW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.88% | 25.22% | +7.66% |
Volatility (6M)Calculated over the trailing 6-month period | 68.65% | 61.49% | +7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.65% | 67.66% | +11.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.23% | 39.77% | +41.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.18% | 35.97% | +36.21% |
Dividends
NVCR vs. GLW - Dividend Comparison
NVCR has not paid dividends to shareholders, while GLW's dividend yield for the trailing twelve months is around 0.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLW Corning Incorporated | 0.81% | 1.28% | 2.36% | 3.68% | 3.38% | 2.58% | 2.44% | 2.75% | 2.38% | 1.94% | 2.22% | 2.63% |
NVCR NovoCure Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NVCR vs. GLW - Financials Comparison
This section allows you to compare key financial metrics between NovoCure Limited and Corning Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NVCR vs. GLW - Profitability Comparison
NVCR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NovoCure Limited reported a gross profit of 142.48M and revenue of 183.58M. Therefore, the gross margin over that period was 77.6%.
GLW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Corning Incorporated reported a gross profit of 1.63B and revenue of 4.51B. Therefore, the gross margin over that period was 36.1%.
NVCR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NovoCure Limited reported an operating income of -10.56M and revenue of 183.58M, resulting in an operating margin of -5.8%.
GLW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Corning Incorporated reported an operating income of 698.00M and revenue of 4.51B, resulting in an operating margin of 15.5%.
NVCR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NovoCure Limited reported a net income of -15.66M and revenue of 183.58M, resulting in a net margin of -8.5%.
GLW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Corning Incorporated reported a net income of 559.00M and revenue of 4.51B, resulting in a net margin of 12.4%.
Frequently Asked Questions
NVCR and GLW have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVCR has higher volatility (32.88%) compared to GLW (25.22%). In terms of maximum drawdown, NVCR dropped -95.55% vs GLW's -99.02%.
GLW currently has the higher Sharpe Ratio (1.80 vs 0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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